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The remaining $1,145 will be carried forward and can be deducted in future years. You can carry forward this loss in future years until it is completely used up. The limit for Capital Losses is $3,000 per year.
See the TurboTax FAQ below for more details on Capital Loss Carryforwards:
The remaining $1,145 will be carried forward and can be deducted in future years. You can carry forward this loss in future years until it is completely used up. The limit for Capital Losses is $3,000 per year.
See the TurboTax FAQ below for more details on Capital Loss Carryforwards:
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